# Poultry volatility expected for remainder of 2020, slow improvements ahead | 2020-07-08  | MEAT+POULTRY

> Rabobank's Q3 Poultry Report expects the poultry industry to recover slowly from the early-2020 pandemic slump, with demand improving in the second half. It warns that volatility will persist, that exchange-rate swings may distort trade, and that feed prices are relatively bearish.

- Date: 2020-07-08 · published 2020-07-08T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/52269-poultry-volatility-expected-for-remainder-of-2020-slow-improvements-ahead-2020
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A bearish feed price outlook supports producer margins, but uneven poultry demand and currency-driven trade swings limit feed ingredient demand. Buyers should expect cheap feed to persist alongside volatile poultry trade.

## Read by commodity

- SBM: neutral
- CORN: bearish ▼
- CHICKEN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-29 | [Record maize crop expected for Brazil in 2018/2019 season](https://feedsoft.ai/events/59423-record-maize-crop-expected-for-brazil-in-2018-2019-season.md) | +0.1% | +6.9% |
| CORN | 2019-05-12 | [FAO: Record cereal harvests expected for South America in 2019](https://feedsoft.ai/events/59012-fao-record-cereal-harvests-expected-for-south-america-in-2019.md) | +6.9% | +11.9% |
| CORN | 2022-10-06 | [In September, IBGE expects record harvest of 261.9 million tonnes for 2022 \| News Agency](https://feedsoft.ai/events/13692-in-september-ibge-expects-record-harvest-of-261-9-million-tonnes-for-2022-news.md) | +0.8% | +0.2% |
| CORN | 2025-10-03 | [Global poultry proves resilient despite market disruptions \| MEAT+POULTRY](https://feedsoft.ai/events/22573-global-poultry-proves-resilient-despite-market-disruptions-meat-poultry.md) | +0.3% | +1.2% |
| CORN | 2023-05-29 | [Sorghum Exports and Production Expectations for the 2023/24 Season](https://feedsoft.ai/events/36000-sorghum-exports-and-production-expectations-for-the-2023-24-season.md) | -4.6% | -4.0% |
| SBM | 2022-01-13 | [European poultrymeat markets expected to recover in 2022 - Poultry Network](https://feedsoft.ai/events/43280-european-poultrymeat-markets-expected-to-recover-in-2022-poultry-network.md) | -6.3% | +7.0% |
| SBM | 2023-04-04 | [Global poultry markets strong despite volatility \| MEAT+POULTRY](https://feedsoft.ai/events/36554-global-poultry-markets-strong-despite-volatility-meat-poultry.md) | -1.4% | -6.7% |
| SBM | 2023-06-20 | [High and volatile egg prices impact markets and industry business models - Poultry News](https://feedsoft.ai/events/35649-high-and-volatile-egg-prices-impact-markets-and-industry-business-models.md) | -0.9% | +5.9% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/23421-poultry-volatility-expected-for-remainder-of-2020-slow-improvements-ahead

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.